Former BitMEX CEO Arthur Hayes made a compelling case for the emergence of ‘points’ as a superior alternative to traditional initial coin offerings (ICOs) Hayes argued that points combine the best aspects of ICOs and yield farming while addressing their respective limitations. Unlike ICOs, there is no direct exchange of money for tokens, mitigating regulatory concerns. Unlike yield farming, points offer more flexibility in token emissions and timing, allowing projects to adapt to the needs of their users and investors.
Source: Chayanika Deka, 2024-02-10; https://cryptopotato.com/former-bitmex-ceo-arthur-hayes-champions-points-over-icos-in-crypto-fundraising/